NexStox Becomes 5th Licensed Digital Exchange in Labuan, Malaysia

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by Giorgi Kostiuk

a year ago


NexStox, a Coinbound Company, has been granted a license to operate by the Labuan Financial Authority, making it one of five licensed platforms for trading tokenized real-world assets.

Regulatory Milestone Enhances Market Trust

The license provides a regulatory framework that NexStox believes will address key concerns around investor protection and market integrity, thereby accelerating both institutional and retail adoption of digital securities.

"This license is a testament to our unwavering commitment to building a compliant and secure digital exchange ecosystem," said **Cathal Donnellan**, President of NexStox. "By operating within a regulated environment, we are not only protecting our users but also creating the trust needed for this market to flourish."

Bridging Traditional Finance and Web3

NexStox bridges the gap between traditional finance and Web3, offering an efficient platform for the issuance and secondary trading of tokenized and fractionized assets.

About NexStox

NexStox is a Labuan FSA-licensed digital exchange and financial services provider. The platform provides a secure marketplace for yield-bearing security tokens backed by real-world assets, allowing retail investors to access RWAs and real-world businesses, including:

* Tokenized agriculture * Real estate * Credit * Infrastructure projects

The licensing by the Labuan Financial Authority positions NexStox for growth and expansion, enhancing the feasibility of trading tokenized assets and strengthening trust in the digital asset market.

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